5 Bed Detached House, Refurb/BRRR, Ashbourne, DE6 1BB, £375,000

Belper Road, Ashbourne, DE6 1BB - a year ago

Refurb/BRRR
~178 m²
+10 photos

ValuationFair Value

Sold Prices£250K - £896.5K
Sold Prices/m²£2.2K/m² - £3.3K/m²

 

 

Square Metres

~178.28 m²
Price/m²£2.1K/m²

Value Estimate

£378,750

 

 

End Value (After Refurb)

£441,645

Uplift in Value

+18%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£28,700

Refurb Costs

£72,244

Bridging Loan Interest

£9,844

Total Cash In

£206,288

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£441,645

Mortgage (After Refinance)

£331,233

Mortgage LTV

75%

Cash Released

£49,983

Cash Left In

£156,304

Equity

£110,411

Rent Range

£595 - £3,500

Rent Estimate

£1,269

Running Costs/mo

£1,654

Cashflow/mo

£-385

Cashflow/yr

£-4,619

Gross Yield

4%

Local Sold Prices

16 sold prices from £250K to £896.5K, average is £495K. £2.2K/m² to £3.3K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£640K07/210.19 miWalton Bank, 24, Derby Road, Ashbourne, Derbyshire DE6 1BE5
£490K10/210.19 mi50, Thorpe View, Ashbourne, Derbyshire DE6 1SY5
£535K02/210.19 mi34, Thorpe View, Ashbourne, Derbyshire DE6 1SY5
£495K03/210.23 mi10, Booth Drive, Ashbourne, Derbyshire DE6 1SZ5
£525K06/230.29 mi1, Payne Gardens, Ashbourne, Derbyshire DE6 1SF5
£410K09/210.39 mi7, Duncombe Drive, Ashbourne, Derbyshire DE6 1LJ5
£480K11/210.49 mi6, Quixhill Close, Ashbourne, Derbyshire DE6 1JW5
£365K03/210.53 mi1, Clumber Close, Ashbourne, Derbyshire DE6 1JZ5
£495K02/210.53 mi5, Clumber Close, Ashbourne, Derbyshire DE6 1JZ5
£618K03/210.57 mi2, Drovers Way, Ashbourne, Derbyshire DE6 1NZ5
£250K10/220.58 mi4, Chestnut Drive, Ashbourne, Derbyshire DE6 1HT5
£375K02/230.58 mi12, Buscott Drive, Ashbourne, Derbyshire DE6 1JY5
£445K11/200.76 mi9, Meynell Rise, Ashbourne, Derbyshire DE6 1RU5
£555K03/210.78 mi29, Mayfield Road, Ashbourne, Derbyshire DE6 1AS5
£896.5K08/211.42 miThe Stables, Ashbourne Green, Ashbourne, Derbyshire DE6 1JE5
£540K07/231.92 mi6, The Park, Mayfield, Ashbourne, Staffordshire DE6 2HT5

Local Rents

10 rents from £595/mo to £3.5K/mo, average is £925/mo.

RentDateDistanceAddressBeds 
£89512/240.03 miBelper Road, Ashbourne, Derbyshire3
£59512/240.1 miSellers Yard, Derby Road, Ashbourne3
£2,30012/240.19 miDerby Road, Ashbourne, Derbyshire, DE65
£90012/240.25 mi-3
£97512/240.41 miCherry Tree Court, North Leys, Ashbourne DE6 1DQ3
£95012/240.42 miThe Hayloft, Old Boothby Farm, Ashbourne3
£90012/240.6 miThe Green Road, Ashbourne3
£95012/240.69 miOld Boothby Farm, The Green Road, Ashbourne DE6 1EE3
£72502/240.7 mi-3
£3,50012/241.03 miPool Close Farm, Sandybrook, Ashbourne, DE66

Local Area Statistics

Population in DE6

25,599

Town centre distance

0.24 miles away

Nearest school

0.40 miles away

Nearest train station

9.77 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+194%

Sales demand

Buyer's market

Capital growth (5yrs)

+15%

Property History

Price changed to £375,000

December 26, 2024

Listed for £399,500

April 11, 2024

Floor Plans

Description

  • No upward chain +
  • Some potential for modernisation +
  • Stunning rear views +
  • Five bedroom detached house +
  • Splendid family gardens with outbuildings +
  • Full length garage with home office and gym potential +
  • Spacious family home +

SUMMARY
A five bedroom detached house in an elevated position, of character, which is situated with stunning rear views across the town towards the Peak District National Park and the property is positioned opposite farmland. Access to the town is within easy walking distance.

DESCRIPTION
A five bedroom detached house, of character, which is situated with stunning rear views accross the town towards the Peak District National Park and the property is positioned opposite farmland. Whilst in an elevated position, access to the town is within easy walking distance, so too is the open countryside therefore: this handsome and large family home is in an ideal location.

Set back a good distance to the roadway the front elevation has a westerly outlook and a large terrace to soak up the late afternoon sunshine, family gardens to the rear are enclosed and have access out onto the rear pathway.
The spacious accomodation has been extended to each side and the attic space has been converted. A large, almost tandem garage offers good potential for a home office, gym or workshop while the lean-too offer more practical space and a w.c.

From the hall is an elegant sitting room across the full rear width is a very spacious dining kitchen. At first floor, five excellently proportiuoned bedrooms and a modern bathroom with shower. The attic is fully converted with Velux and is perfect for occasional and storage uses.

 
Part glazed entrance door to a:

Entrance Hall  
With front facing window and stained and leaded opening light. Dado rails, radiator and ceiling cornice. Understairs storage cupboard.

Sitting Room 14' 1" x 13' 2" ( 4.29m x 4.01m )
The latter measurement is taken into the front facing bay window with stained and leaded glass. There are delightful views over the fields opposite. There is an Adam style fireplace with living flame gas fire. Wall light points, ceiling cornice and radiator.

Lean To 6' 9" x 34' max ( 2.06m x 10.36m max )
With a door leading to the front and rear garden. There is a utility area with stainless steel sink unit, plumbing for an automatic washing machine and included within the measurements is a wc with low flush suite and wash basin.

Dining Kitchen 21' x 11' 3" ( 6.40m x 3.43m )
With base and wall cabinets with beige Hessian effect doors and ceramic tiled work surfaces. Appliances include; gas hob. electric oven and there is space for other white goods. A spacious dining area has delightful rear views. a side door leads to the lean-to.

First Floor Landing  
Spacious landing with side facing double glazed oriel window. Radiator.

Bedroom Five/ Study  6' 8" x 7' 11" ( 2.03m x 2.41m )
A front facing window has glorious views of the fields opposite. Radiator.

Bedroom One 10' 7" onto wardrobes x 11' 9" ( 3.23m onto wardrobes x 3.58m )
Front facing double glazed window, radiator and extensive levered door built in wardrobes.

Bathroom/ Wc 7' 5" x 8' ( 2.26m x 2.44m )
With modern white suite and chrome fittings including panelled bath, thermostatic shower, pedestal wash hand basin and wc. Rear facing double glazed window and ceramic tiled walls in shades which complement the suite together with a mosaic border tile. Boiler cupboard.

Bedroom 2 11' 9" x 7' 10" plus recess ( 3.58m x 2.39m plus recess )
With rear facing double glazed window with delightful views over the town. Radiator.

Bedroom 3 9' 5" x 7' 10" ( 2.87m x 2.39m )
With front facing double glazed window and built in double door wardrobe.

Bedroom 4 8' x 7' 7" ( 2.44m x 2.31m )
With rear facing double glazed window and radiator.

Attic Room 19' 9" x 12' 2" ( 6.02m x 3.71m )
(for occasional use and storage purposes). Velux rooflight to the side. Undereaves storage.

Exterior Garden 
Large gardens to the front of the property are mainly laid to lawn. A gated driveway provides generous vehicular parking with access to the garage and work space.
There is a large natural stone crazy paved front terrace, this faces west and is a lovely place for later afternoon sun.

Rear Garden  
The rear garden is mainly laid to lawn with a terrace adjacent to the property. Steps and pathways lead beyond the lawn to the rear paved patio.

Garage 
There is a full length garage to the side which has an up and over door, rear window and a door which leads out to the rear gardens. NOTE: the space is divided. A partition wall has been placed to shorten the garage for use as a store only however, the remaining space to the rear offers excellent potential for a home office, gym or workshop.

Agents Note  
It is our understanding that the Property is not registered at the Land Registry which is the case with a significant proportion of land across England and Wales. Your conveyance will take the necessary steps and advise you accordingly.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Bagshaws Residential, Ashbourne

01335 218899

Next Steps?

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